Ok you can send your mtgox BTC or USD to anyone else now. So people who want to withdraw funds just need to find someone that wants to add funds. This isn't the final solution of course but it should help people that need their money ASAP.
Suggestion: This could be your new business model. MtGox only clears trades, funding is done by other companies. MtGox charges a flat .001 btc fee per trade. For every 10,000 coins cleared on the exchange, MtGox gets 10 coins. Not getting super rich with that. Now, someone could start a business called 'BitcoinFunding.com' send you a check/wire for $10,000 and then sell off that interest using paypal, pokerstars money, whatever they like. Any clients they bring in are BitcoinFunding clients, and any funding issues/chargebacks are BitcoinFundings problem, not MtGox. Then let BitcoinFunding charge their own commission table, say it is 0.009 per coin. Total coin cost is 0.010 per coin to customer. BitcoinFunding would have their own website, own graphs, own quote service, come up with an iPhone app, etc.
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I plan on being in the poker room every monday night for monday night football, which starts at 8:30pm, lasting about 3 hours. I'd like to get a full table going of NL holdem and/or limit holdem. https://betco.in/Hope to see you there! I'll bump this thread each monday afternoon. plug: if anyone wants to bet on the MNF game, bitcoinsportsbook.com.
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We need a poker night for the forum. I want to play, but don't want to wait for an opponent and then play heads up.
I'll start and say I'll be here during monday night football, which is 8:30pm ET (on monday) for 3 hours. I don't like to play short handed, meaning I'm bad at it.
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What's with all these one post wonders with thousands of bitcoins for sale, for non-reversable funds?
It should go without saying that he sends first, or you use someone trusted as an escrow.
We need an "I'm selling bitcoins" thread for all these to get moved into.
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Its a shame you can't get these 50,000 coins onto MtGox and get $5k instead of only $2k.
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Old wagers will not be re-opened. What we really need is a contract prediction market to accomplish this task.
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why did you choose to close the year-end wager? i'm interested in betting on this, plus I think it represents a nice hedge for bitcoin miners.
I set it up about 10 days ago, and I had to set the closing at some point, and chose 10/8. Only got a few wagers. I was thinking the same thing, might be nice for miners. I could set up another wager with interest and a different end time.
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So a bunch of babies who can't stand up and be a man and pay for their charges is ruining it for all of us. Well played jerks - you beat the system and 'won'.
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My idea was DJI trades below 1000 points sometime between now and Dec 31, 2016. Whenever it trades below that level, also intraday, it is a win. The only question that remains for me is who can I ensure that the BTCs are still in this account by that time?
Separately, we can also have short term bets
DJI below 10,000 by Nov 30, 2010 below 9,000 by Jul 31, 2011 above 11,260 by Dec 31, 2010 above 14,200 by Dec 31, 2011
Well, your trust would shift from him to bitcoinsportsbook, whatever that is worth. Coins would have to be put up. Problem I see is BSB is a public site and anyone could bet along with you and it would change the odds. [off topic] Maybe a feature of BSB should be to have private wagers. You create a wager and send a password to friend to put up his coins. BSB could declare a winner (for a small fee) or just hold the coins and let bettors settle (for a smaller fee). Or, not even hold coins and just show proof of wager and settlement status. [/off topic]
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Im my opinion you will be massively wrong. The DOW will also crash in nominal terms. Below 1000 points between 2014-2016
Lets bet. 1000 bitcoins that the DOW does not touch 1000 points before 2016. Deal? kiba what you are working on could come handy now. <shamelessplug>You can also ask TTBit to get that on bitcoinsportsbook</shamelessplug> Yes. Please let me know of the details, and bitcoinsportsbook will create the wager. If it is something as simple as DJIA close on a certain date, BSB will also make a market if needed. BSB will be happy to create and make monthly or yearly wagers for spot close of gold/silver/stocks, etc.
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So you can get your money faster, and because I have seen other bitcoin services only require 1 confirmation, I decreased the wait time for deposits from 2 confirmations to 1 confirmation because lately the network has been taking 10 to 20 minutes and even longer per block. Deposit and withdrawal system is fully automated and withdrawals are still instant.
Good luck in the casino!
Best of luck with your casino. I play.
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Yes. I pledge 100 coins. I'll pledge more with interest.
I use firefox, but chrome seems to be gaining ground.
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I would suggest to MtGox to freeze all outgoing coins if there is a problem and trades can be undone.
maybe thinking irrationally though
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The post office should not purposely deliver mail that is addressed to someone else. Do you have any kind of documentation from the USPS to back this up or are you just pulling this out of thin air? Also, can you explain why have I received mail addressed to "B2C, LLC" already? Either way, I would suggest leaving the name off entirely as I've been told that it's not required. No, I don't have any documentation, just personal experience. I did something like this years ago where I called myself some company and there was an issue. I don't remember the exact details, but I finally received the mail, but the company name was crossed out.
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Is the PO BOX registered to 'bitcoin2cash LLC' or is in your personal name? I bet is is your personal name. The post office should not purposely deliver mail that is addressed to someone else.
The obvious scam here is I call myself a legit company, but have nothing to do with it, i.e.:
IRS Express Pay 1234 Main street Myhouse, ST 90210
The USPS will not deliver that mail to Bob Smith's house at 1234 Main St.
You will still receive old mail and mail that has no name on it.
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Should be pointed out that there are only 16,579.29 coins offered at this moment at MtGox, totaling $1,172.89, versus 63,881.94 coins bid totaling $3,845.73
The coins just are not there, IMO now would be the time to pick up a few.
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What is the risk to LastPass? So they have a handful of customers pay 16 btc/mo instead of $1/mo?
MtGox could offer them a payment option, and send them cash each month automatically.
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Bumping this for info...
I came across lastpass.com and liked their service, wanted to use it to save some passwords for my phone. It is $1/mo, so I emailed them and asked if they would consider bitcoin as payment, instead of paypal.
I received a response:
"Thanks for the suggestion - right now this doesn't look very user friendly."
I sent a friendly follow-up, thanking him for his time, saying I respectfully disagree and to please consider bitcoin in the future.
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i am .0605 bid on mtgox for 15,000 if anyone wants the arbitrage
Well, I'm not very good at those stuff, but isn't bitcoin2cash's bid a better deal ? I mean, if I want to buy btc with 1$, with you I get 1./0.0605=16.53 BTC, when bitcoin2cash offers 25 BTC for the same dollar. What do I get wrong ? He is bid for 15,000 @ .0605. You can sell him his 15,000 at .0605 then buy them at 0.04 each, making $0.0205 15,000 times over, or $307.50. Catch is you got to get the 15,000 at 0.04.
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Next difficulty factor is set to go down - i have it pegged at 1278 - down from 1319 - to be hit in the early morning of 10/13.
I don't want in, and I hope this project goes off. I predict cheap coins at MtGox for a couple weeks until the difficulty jumps to 20,000.
late edit for plug: bitcoinsportsbook is taking wagers on year end difficulty levels. wagers close this friday
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